BCR Latest News

Working group recommendations on Quebec government’s role in venture capital

Pierre Brunet chaired the working group on the Quйbec government's role in venture capital at the behest of the minister…


Ex-Im Bank supports sale of services, equipment to foundation in…

The Export-Import Bank of the United States (Ex-Im Bank) has approved a US$38 million loan guarantee to support the sale…


Euler Hermes to offer export credit insurance in 2004

Euler Hermes, the specialisist credit insurance company, is opening a new company in Brazil. Euler Hermes is part of the…


ISME critical of banks on credit rating

The Irish Small and Medium Enterprises Assocation (ISME) has criticised the failure by bank representative groups to agree on a…


Why are SMEs scared of PFI and PPP?

The Private Finance Initiative (PFI) market is worth around Ј4.5 billion per year but most small- and medium-sized enterprises (SMEs)…


New general director for Bibby Factors Polska

Bibby Factors Polska Sp. zo.o. has announced that effective 1 January 2004 Krzysztof Kuniewicz will take up his appointment as…


Innovations in invoice discounting have made it an attractive and…

“Many companies have negative perceptions of invoice discounting…” To read the full article by Barry McCall go to Ireland –…


Israeli Credit Insurance Co doubles Russian credit line

Israeli Credit Insurance Co. (ICIC), a subsidiary of Israel Land Development Company, has doubled its planned credit framework for Russia…


SMEs struggle to source new export markets

Small- and medium-sized enterprises (SMEs) account for 60 per cent of Vietnam's exports yet continue to struggle to penetrate new…


Factors hope for legal reform in 2004

Mexico's factoring companies, leasing companies, warehouses and credit unions hope the government will submit a bill to congress next year…


HSBC forges ahead in factoring and trade finance

Today's buzzword in trade finance is supply chain management, which essentially means providing banking services across the trade chain -…


Italian credit facility for Ghanaian SMEs

A Ђ10-million credit line to support the growth of small and medium enterprises (SMEs) and enhance their contribution to the…


Creating a faster growing,stronger GE

General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At…


Establishing a growth culture where small firms can thrive –…

Having an environment that encourages start-up companies and provides assistance to early-stage enterprises is vital to any economy. Given a…


Lacklustre exports in Q3

September quarter national accounts statistics showed export volumes picking up a lacklustre 1Ѕ%. October trade balance numbers showed A$ export…


Ex-Im Bank announces appointment of first vice president and member…

April H. Foley has been sworn in as first vice president of the Export-Import Bank of the United States (Ex-Im…


Corporate finance launch international network

Seven independent financial advisory firms operating in nine Central East European countries are scheduled to sign an agreement on forming…


Hausner looks to a stronger zloty to ease budget deficit

Economy Minister Jerzy Hausner said that next year's budget deficit will be zl. 3 billion lower than expected. He added…


Parliament approves fund for micro and small businesses working capital

In another attempt to speed up the poverty eradication drive, the House of Representatives approved on Monday plans to set…


Taking the fear out of factoring and explaining its development

With more and more reputable companies entering the factoring business, services have greatly improved… To read the full article by…


Taking the fear out of factoring

With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains…


Case study: Flexible finance with invoice discounting

Reflex sells video-conferencing equipment and plasma screens to the Ministry of Defence and the education and corporate markets. It has…


Myanmar, Thailand to introduce account trade system

Myanmar and Thailand have agreed to introduce an account trade system in 2004 to avoid always using currency in business…


Freedom Financial announces new vice president

Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…


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